ivalua

MARCH 4, 2016

Listening to all of the talks by industry leaders led me to a glaring conclusion—the critical role that technology plays in supply chain and sourcing is the giant elephant in the room that no one was talking about, but everyone could see. When the supply base is limited, being the customer of choice is essential. Time is Money.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

The benefits of KPIs are vast and include the fact that it gives the procurement team early indication of any potential issues. The results of the KPI would flag up reduced performance and allow the buyer to address this issue. Wrap Up Do you want to know more about KPIs and supply chains?

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

The Procurement School

AUGUST 11, 2023

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. Many of these factors may not be directly controlled by the supply chain department, such as the ERP system and its ability to leverage digitalized processes.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

ivalua

JULY 13, 2022

With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. ESG Objectives for Buyers. Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. These challenges in the direct material supply chain pose a real threat, especially in a time of crisis.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. in 2022*, the financial friction that arises from such transactions weakens links in the supply chain. With global trade volumes expected to grow by 4.7%

Supply Chain 52

Supply Chain Supplier Finance Transparency 52

Select GCR

SEPTEMBER 3, 2024

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’ There are exceptions to every rule, and that rule just doesn’t work.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category.

Supplier 40

Supplier Automotive Supply Chain Data 40

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. in 2022*, the financial friction that arises from such transactions weakens links in the supply chain. With global trade volumes expected to grow by 4.7%

Supply Chain 40

Supply Chain Supplier Finance Transparency 40

ivalua

APRIL 12, 2019

Soft skills and leadership are key enablers for procurement teams and are as important as technological competence. Paul agreed, saying that AI would not replace what humans do but would add intelligence and enable buyers to focus on more added value activities. And AI is not THE solution, but is one of the potential solutions.

Supplier 70

Supplier Capacity Procurement Team Procurement 70

ivalua

MAY 21, 2020

Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. New leadership skills and traits will be necessary to ensure business continuity, and to inspire teams to work together to support each other and remain productive.

Supply Chain 52

Supply Chain E-procurement Leadership Supplier 52

ivalua

OCTOBER 18, 2022

In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made.

Transparency 52

Transparency Supply Chain Data Procurement 52

American City & Country

AUGUST 28, 2024

12 Responsible Consumption and Production , calls for a systemic approach and cooperation among all stakeholders along the supply chain to achieve sustainable production and consumption patterns. calls for the promotion of “public procurement practices that are sustainable, in accordance with national policies and priorities.”

Purchasing 52

Purchasing Sustainability E-procurement Procurement 52

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered.

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52